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Analysis of PP Import Volume from January to February 2024

From January to February 2024, the overall import volume of PP decreased, with a total import volume of 336700 tons in January, a decrease of 10.05% compared to the previous month and a decrease of 13.80% year-on-year. The import volume in February was 239100 tons, a month on month decrease of 28.99% and a year-on-year decrease of 39.08%. The cumulative import volume from January to February was 575800 tons, a decrease of 207300 tons or 26.47% compared to the same period last year.

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The import volume of homopolymer products in January was 215000 tons, a decrease of 21500 tons compared to the previous month, with a decrease of 9.09%. The import volume of block copolymer was 106000 tons, a decrease of 19300 tons compared to the previous month, with a decrease of 15.40%. The import volume of other co polymers was 15700 tons, an increase of 3200 tons compared to the previous month, with an increase of 25.60%.

In February, after the Spring Festival holiday and the overall low domestic PP prices, the import window was closed, resulting in a significant decline in PP imports. The import volume of homopolymer products in February was 160600 tons, a decrease of 54400 tons compared to the previous month, with a decrease of 25.30%. The import volume of block copolymer was 69400 tons, a decrease of 36600 tons compared to the previous month, with a decrease of 34.53%. The import volume of other co polymers was 9100 tons, a decrease of 6600 tons compared to the previous month, with a decrease of 42.04%.


Post time: Mar-25-2024